TOOL

SWOT analysis of funding opportunities

Identify your strenght, weaknesses, opportunities and threats to evaluate funding options

DESCRIPTION

A SWOT analysis is a commonly used tool and it is applied here for the scenario of creating a funding strategy through identification of the innovator’s inner capacities and deficiencies as well as external potentials and risks. There are several funding options for each innovator or organization and their choice will depend on the various factors identified through a SWOT analysis. The activity aims at involving team members and participants into the discussion, gaining insights from the various points of view and categorization of the collected inputs in four categories.

REFERENCES

Building Multiple Revenue Sources (Strengthening Nonprofits: A Capacity Builder’s Resource Library)